Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    849-847 WEST CHESTER PIKE West Chester, PA 19382

    View on Map
    For Sale
    $485,000

    Land - WEST CHESTER, PA

    Lot size:
    1.10 Acres
    Added:
    Jan 14, 2026
    Days on Market:
    77
    Last Refresh:
    Apr 1 at 4:06 am

    Property Features for 849-847 WEST CHESTER PIKE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.10 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    4842

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Justin Kane

    Listing agent Justin Kane

    Listing office BHHS Fox & Roach Center City-Society Hill 530 Walnut Street, Suite 480, PA

    Listing date Jan 14, 2026

    MLS# PACT2115926 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Chester Land Development Opportunity

    This is an opportunity to acquire just over 1.1 acres of level land in West Chester, PA. The property has zoning approval for the construction of four townhomes or two detached single-family homes. There is no required builder tie-in, but one can be provided upon request. Preliminary plans are approved and available. The property is located in a highly desired area of West Chester, PA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Chester
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.58497
    Latitude
    39.96738

    Nearby Similar for Sale

    • $375,000

      WEST CHESTER Commercial Sale Opportunity

      Highly visible location with renovation potential near major commuter routes.
      8 S 5 POINTS Road, WEST CHESTER, PA 19382
      View Details
    • $1,200,000
      4,488 SF

      West Chester Multifamily Investment Opportunity

      Four-unit building with long-term tenants on approximately one acre.
      554 W BOOT Road, WEST CHESTER, PA 19380
      View Details
    • $951,000

      Versatile Commercial Property For Sale

      Commercial property suitable for various business needs, currently a fitness center.
      1306 WILMINGTON Pike unit: A-1, WEST CHESTER, PA 19382
      View Details
    • $400,000

      West Chester Land Opportunity

      1.3 acre corner lot in Pocopson Creek community.
      1438 WILLIAMSBURG Drive, WEST CHESTER, PA 19382
      View Details
    • $750,000

      Land Near Brandywine Creek Valley

      4.4 acre lot to build your dream home.
      1335 CREEK Road, WEST CHESTER, PA 19382
      View Details
    • $1,000,000

      West Chester Borough Triplex

      Triplex near downtown, West Chester University, and Everhart Park.
      402 W UNION ST, WEST CHESTER, PA 19382
      View Details
    • $200,000
      1,900 SF

      Profitable Bonchon Franchise Opportunity

      Thriving Bonchon Chicken franchise restaurant for sale in West Chester.
      124 MARKET, WEST CHESTER, PA 19382
      View Details
    • $795,000

      West Chester Development Opportunity

      2.22-acre infill development opportunity in West Chester, Pennsylvania.
      1137 PAOLI Pike, WEST CHESTER, PA 19380
      View Details
    • $200,000

      Smoothie Shop Business Opportunity

      Fully operational smoothie shop in West Chester, PA for sale.
      1502 W CHESTER Pike, WEST CHESTER, PA 19382
      View Details
    • $699,000

      West Chester Homesite Opportunity

      Final homesite available in a private West Chester enclave.
      1410 TIMBER MILL LANE lot: 1, WEST CHESTER, PA 19380
      View Details
    • $14
      11,934 SF

      Flex Office Units For Sale

      Flex office units available, individually or combined, West Chester.
      208 Carter Dr, West Chester, PA 19382
      View Details
    • $32
      6,133 SF

      Modern Office Space in West Chester

      Premier leasing opportunity in a vibrant West Chester location.
      501 Hannum Avenue, West Chester, PA 19380
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.1 acre land approved for townhomes or single-family homes.
    Where is this residential land & home lot located?
    The property is located at 849-847 WEST CHESTER PIKE West Chester, PA.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: 1.1+ acre level land in highly desired West Chester, PA; Zoning approval for (4) townhomes or (2) detached single‑family homes; Opportunity for builder/developer with multiple options
    (484) 919-5790
    We can help!
    Listing Contact
    Justin Kane
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!